New-Construction
23 PINE COURSE RUN, Ocala, FL 34472
For Sale
$394,900
Two separate homes each have two bedrooms and one bathroom.
Property Size2,002 SF
Price / SF$197.25
Days on Market22
Property Features for 23 PINE COURSE RUN
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
0.27 acres, Dimensions: 104x112
Shingle
Septic Tank
Additional parcels description:, Parcel Number: 9009-0066-12, Public Survey Range: 23E, Public Survey Section: 08, Annual Amount: $316.34, Tax Block: 66, Tax Book Number: J-083SILVER, Legal Description: SEC 08 TWP 16 RGE 23 PLAT BOOK J PAGE 083 SILVER SPRINGS SHORES UNIT 9 BLK 66 LOT 12, Lot: 12, Year: 2025, Zoning: R1
Luxury Vinyl
Central Air
Central, Electric
Electric Dryer Hookup, Washer Hookup
Listing ID: MFROM734363, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-20, 15 days on market, Special Conditions: None
4 total bedrooms
Built in 2026, Living area: 2002, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Subdivision: SILVER SPGS SHORES UN 09, MLS Area (Major): 34472 - Ocala, County/Parish: Marion
Under Construction
2 total bathrooms
Electricity Connected, Sewer Connected, Water Connected, Water Source: Well, 2 separate electric meters, 2 separate water meters
Slab
Road Surface: Paved
Lighting
Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom
Dishwasher, Microwave, Range, Refrigerator, Other equipment: Smart Thermostat
Building Details
Year Built
Buildings
Construction
Listing Agency:
LOKATION
(954) 545-5583
Listed By:
William Stiles · License FL #3154962
(352) 342-2206
Source:
Miharaandassociates
Added: Oct 20
Changed: Nov 10
Last Checked: Nov 10 at 8:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LOKATION
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex comprises two separate houses, each configured with two bedrooms and one bathroom. The 1,039-square-foot home and 963-square-foot home are under construction, with completion listed for 2026. Both feature luxury vinyl plank flooring, granite counters, real wood cabinets with soft-close hardware, fully tiled showers, stainless steel appliances, smart thermostats, and open-plan interiors.
Key Highlights
- Two separate houses, each with 2 bedrooms and 1 bathroom
- 1,039‑square‑foot home paired with a 963‑square‑foot home
- Under construction; year built listed as 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,095
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,900
$581.9K
Cap Rate 7%
$415,643
$415.6K
Cap Rate 9%
$323,278
$323.3K
Market Conditions
NOI Build-Up for 2,002 SF
Gross rent
$56.5K $28.20/SF
− Vacancy
−$3.6K −$1.78/SF
EGI
$52.9K $26.42/SF
− OpEx
−$23.8K −$11.89/SF
NOI
$29.1K $14.53/SF
Area
Marion County, FL
Vacancy
6.30%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,900
Cap Rate 7%
$415,643
Cap Rate 9%
$323,278
Alternative Uses
Best Use
Apartment 5plus
$415.6K
$363.7K – $484.9K
NOI $29,095 @ 7.0% cap · market cap 7.37%
Second Best
Multifamily LT 5
$413.3K
$361.7K – $482.2K
NOI $28,934 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.09M
$956.6K – $1.28M
NOI $76,527 @ 7.0% cap · market cap 19.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 34472, FL
31,701
Population
14,057
Households
2.3
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
36.3 sq mi
ZIP Area
873
Density / Sq Mi
$61,635
Median Household Income
$37,410
Median Earnings
$1,232
Median Rent
$185,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Ocala, FL
Properties on Market for Duplexes in Ocala
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes each have two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 23 PINE COURSE RUN Ocala, FL.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: Two separate houses, each with 2 bedrooms and 1 bathroom; 1,039‑square‑foot home paired with a 963‑square‑foot home; Under construction; year built listed as 2026
